EigenLayer Token Airdrop Plan Will Allocate 15% Of Supply To Stakers

website, season 1 of the airdrop will distribute 5% of the token supply. Eligible airdrop recipients include those who staked directly withMeanwhile, people who interacted with EigenLayer-related DeFi positions may be eligible for airdrops in season 2.

A total of 15% of the EigenLayer token supply will go out to stakers over the long term. Another 15% will go to community initiatives and another 15% to ecosystem development. That leaves 29.5% of the token supply allocated to investors, while 25.5% goes out to early contributors. Both of these parties are subject to a three-year lockup period on their tokens, including a total first-year lock, followed by a gradual unlock of 4% per month over the next two years.

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

EigenLayer reveals plan for token airdrop with 15% allocation to stakersThe project will allocate 15% of Eigen tokens linearly over multiple seasons to contributors in what's called a stakedrop.
Source: TheBlock__ - 🏆 464. / 53 Read more »

Omni Network token falls 55% after airdrop, fake token completely rugsThe layer-1 blockchain Omni Network is still in testnet, and its token airdrop to early users has already been followed by a massive price drop.
Source: Cointelegraph - 🏆 562. / 51 Read more »

Ethena's token to list on exchanges today amid airdrop claimsEthena's governance token will be listed on various centralized exchanges starting at 4:00 a.m. EST on Tuesday.
Source: TheBlock__ - 🏆 464. / 53 Read more »

Wormhole Debuts at $3B Valuation in 617M Token AirdropOliver Knight is a CoinDesk reporter based between London and Lisbon. He does not own any crypto.
Source: CoinDesk - 🏆 291. / 63 Read more »

Wormhole Airdrop Attracts Attention as Token Price FluctuatesThe highly-anticipated Wormhole airdrop attracted attention as the protocol's native token sank nearly 25% before rebounding by more than 10%. The airdrop also attracted interest from crypto's bigger names and brought out scammers.
Source: TheBlock__ - 🏆 464. / 53 Read more »